International Trade Insights
Oct/Nov 07
"A piece of good news is that exports out of the customs district should continue to grow rapidly, rising by 14.9 percent, due to the weakness in the U.S. dollar combined with favorable economic conditions in the region's major trading partners," says Kyser.
The Ports of Los Angeles and Long Beach retained their number-one ranking among the nation's ports in number of containers handled during 2006. The twin ports ranked fifth globally in container activity. And the Los Angeles Customs District retained its first-place ranking in the United States in total two-way trade value. China and Japan are Los Angeles's top trading partners. "The passage of bond proposal last fall provides resources for the urgently needed infrastructure projects in the region," said Vance Baugham, president of the World Trade Center Association Los Angeles-Long Beach.
But it's not all about the ports and the status as "gateway to the Pacific Rim." California's time zone is reasonable for communication purposes with Asian nations and bilingual talent is readily available, says Loo. "Southern California continues to attract foreign investment," he says. "It's the place of choice for many foreign companies because it's a great place to work, the labor is relatively inexpensive and there is a wealth of immigrants from around the world."
Project Announcements
Archer Plans Vernon, California, Production Operations
05/12/2025
OnSight Technology Establishes Folsom, California, Headquarters
07/25/2024
Takeda Pharmaceuticals Expands Los Angeles, California, Operations
06/17/2024
ThermoGenesis Holdings Establishes Rancho Cordova, California, Operations
10/28/2023
Reyes Coca-Cola Bottling Expands Rancho Cucamonga, California, Operations
09/08/2023
Trader Joe's Establishes Palmdale, California, Operations-Distribution Complex
07/14/2023
Bosch Establishes Roseville, California, Operations
04/28/2023
Solidigm Plans Rancho Cordova, California, Global Research-Development Complex
10/05/2022
Orca Bio Establishes Sacramento, California, Research Complex
09/15/2022
Toyota Motor North America Upgrades Long Beach, California, Manufacturing Plant
03/20/2022
Patriot Rail Plans Merced, California, Rail District Hub
02/10/2022
AutoZone Establishes Chowchilla, California, Distribution Hub
12/23/2021
South Korea-Based Pulmuone Expands Fullerton, California, Plant
12/15/2021
TurtleTree Opens Sacramento, California, R&D Campus
10/15/2021
Most Read
-
20th Annual Area Development Gold and Silver Shovel Awards
Q2 2025
-
First Person: Joe Capes, CEO, LiquidStack
Q2 2025
-
The Legal Limits of DEI in Incentives Agreements, Hiring, and Contracting
Q2 2025
-
From Silicon to Server: Mapping the Data Center Supply Chain
Q2 2025
-
39th Annual Corporate & 21st Annual Consultants Surveys: What Business Leaders and Consultants Are Saying About Site Selection
Q1 2025
-
Rethinking Life Sciences Site Selection in a Resilient and Dynamic Market
Q2 2025
-
Top States for Doing Business in 2024: A Continued Legacy of Excellence
Q3 2024